Households still have buying firepower, and jobs are growing. Much seen riding on course of the Fed’s tightening campaign to hear some of the chatter in financial markets and corporate America’s C-suites, a US recession is imminent and inevitable. Not necessarily so. While the danger of a downturn has risen as growth has slowed, most […]
After a short blackout period to add new features, the Thrift Savings Plan (TSP) website has resumed operation and requires all participants to establish a new login to regain access to their account on TSP.gov “New participants joining TSP after June 2022 as well as participants who had access to their TSP online account prior […]
Six U.S. senators sent a letter last week to the Federal Retirement Thrift Investment Board’s (FRTIB) Acting Chairman David Jones requesting the agency cancel the launch of a mutual fund window investment option in the Thrift Savings Plan (TSP) set to begin June 1. The senators believe the mutual fund window program could expose billions […]
Most children stop being “and-a-half” somewhere around age 12. Kids add “and-a-half“ to make sure everyone knows they’re closer to the next age than the last. When you are older, “and-a-half” birthdays start making a comeback. In fact, starting at age 50, several birthdays and “half-birthdays” are critical to understand because they have implications regarding […]
With just a week before the federal government’s 401(k)-style retirement savings program begins offering mutual funds to its participants, some lawmakers warned it could lead to federal employees investing in China. A group of six Republican senators this week urged the federal government’s 401(k)-style retirement savings program to cancel implementation of a mutual fund window […]